student debt

Many college graduates face a mountain of student debt after graduation, delaying major life events. Student debt has become a key topic in the political debates of late. Many worry that student loans are a drag on the economy, forcing young people to delay major life events such as marriage and homeownership. Many point to analyses from the Federal Reserve Bank of New York to support these theories, but there is a slight flaw in the data. Data From the NY Federal Reserve Bank In 2013, the Federal Reserve Bank of New York released the following graph, which...Read more